Disclosure of transactions in shares and related securities in Dalhoff Larsen & Horneman A/S conducted by executives

In accordance with section 28a of the Danish Securities Trading Act we hereby publish disclosures on transactions in shares by Dalhoff Larsen & Horneman A/S conducted by executives of the company and their related parties.

The statement is based on disclosures made by the company’s executive:

Name                           John Stær

Reason                        Member of the Supervisory Board

Issuer                          Dalhoff Larsen & Horneman A/S

ID code                        DK0060038933

Designation                Shares

Transaction                Acquisition

Trading date               24 May 2011

Market                         NASDAQ OMX Copenhagen A/S

Number of shares      7,500

Market value in DKK 100,500

         Please direct any inquiries relating to the share trading disclosure to the President and CEO of the company, Kent Arentoft on telephone no. +45 43 50 01 01.